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Topic: Re bitcoin can be hacked (Read 1007 times)

jr. member
Activity: 308
Merit: 1
March 29, 2018, 08:05:06 AM
#67
There's a lot of intelligent individuals especially hackers now a days. For me, I think bitcoin assures the security of their users so they come up of having paper wallet etc. So in our part maybe we should think a strongest password and make sure to always logout and dont share personal info:) to prevent this kind of event.

Yes,it can. My friends got hacked yesterday by a hacker. They said that their computer were infected by a malware where the hacker can easily access your pc without your knowledge and consent. From that point on,he can start his plan to search for private information saved from notepads and documents where you've put your passcode keys from your wallets and then steal your holdings.
I just feel bad about it. It shoud've been avoided if they never put any important information about their walletts from their computers. They should've stored that information somewhere else like wrote it in a paper or notebook then hid it where you alone can know about its whereabouts and if you want to be sure that it is totally safe,you could just memorize it. That is the safest way to avoid hackers stealing from you.
Beware of Phishing sites too. Make sure you got the spelling correctly when logging in to your wallet site.
newbie
Activity: 11
Merit: 0
March 29, 2018, 06:30:24 AM
#66
After overcoming the mark of 1000 USD for one coin, the growth of bitcoin not only did not slow down, but began to gain momentum, in early June overcoming the mark of 2500 USD.
newbie
Activity: 173
Merit: 0
March 25, 2018, 10:23:54 AM
#65
There's a lot of intelligent individuals especially hackers now a days. For me, I think bitcoin assures the security of their users so they come up of having paper wallet etc. So in our part maybe we should think a strongest password and make sure to always logout and dont share personal info:) to prevent this kind of event.

Yes, no one excuses even banks with their own IT's to guard their system, that's why should kept our securities safe.
sr. member
Activity: 420
Merit: 250
March 12, 2018, 04:55:28 AM
#64
There's a lot of intelligent individuals especially hackers now a days. For me, I think bitcoin assures the security of their users so they come up of having paper wallet etc. So in our part maybe we should think a strongest password and make sure to always logout and dont share personal info:) to prevent this kind of event.
Of course we have smart people around but bitcoin is a blockchain product that can not be hacked!

When people refer to bitcoin being hacked then they are referring to the wallet not btc, too much computer power will be needed for this Roll Eyes

well, how it was said - never say never.. 
sadly if there is a bug in btc code and it can be broken, we will now only after that bug will be used already
and I admit that such possibility is possible, because there is no code without bugs..
the programs are written by humans, and humans are not perfect
newbie
Activity: 196
Merit: 0
March 12, 2018, 04:54:46 AM
#63
Hacked can be any Internet purse and at the same time you can not do anything after such attacks on him because the moderators can not cope with this and will not solve the issue to them this is not included in the program of rotation actions.
hero member
Activity: 1372
Merit: 503
March 12, 2018, 04:18:40 AM
#62
There's a lot of intelligent individuals especially hackers now a days. For me, I think bitcoin assures the security of their users so they come up of having paper wallet etc. So in our part maybe we should think a strongest password and make sure to always logout and dont share personal info:) to prevent this kind of event.

Bitcoin and cryptocurrency are all situated in which even if it can be considered secure there are still a lot of vulnerabilities to it as it is exisiting on a data network. The power of the hackers and their reach today cannot be denied and we are all reminded of how strong they can be if they put their mind to it that is why we would have to do everything possible for us to ensure that we can prevent this kind of targetting that we are into is to adhere to the crber standards.
full member
Activity: 266
Merit: 100
March 12, 2018, 04:13:19 AM
#61
Yes,of course Bitcoin can be hacked. If your security is week.Then it may be hack.That's why you save your coin is safe decentralized wallet.But nobody will be able to hack or hack.
full member
Activity: 581
Merit: 108
March 11, 2018, 05:45:51 AM
#60
There's a lot of intelligent individuals especially hackers now a days. For me, I think bitcoin assures the security of their users so they come up of having paper wallet etc. So in our part maybe we should think a strongest password and make sure to always logout and dont share personal info:) to prevent this kind of event.
Of course we have smart people around but bitcoin is a blockchain product that can not be hacked!

When people refer to bitcoin being hacked then they are referring to the wallet not btc, too much computer power will be needed for this Roll Eyes
newbie
Activity: 103
Merit: 0
March 11, 2018, 05:42:27 AM
#59
Bitcoin can not be hacked despite the fact that there are a lot of intelligent hackers out there but the only thing that jeopardize bitcoin is human error when online or offline which literally leads to wallet been hacked.

It is believed that the government has no legal basis to close the bitcoin mining industry, but at the same time it also stated that if the government really did so, the miners could only transfer their business to other areas....
member
Activity: 224
Merit: 19
March 11, 2018, 05:32:07 AM
#58
Yes if u share your password or recovry phrase or private key with friends.
it's not really hacking if you are sharing your information.

LOL, this is true.

For the topic common man do you really need to post this. Everybody knows what you are telling.

Clever title it is misleading but it is clickable because price is dropping and it could be the potential reason why. Thats what went in my mind.
jr. member
Activity: 168
Merit: 5
Now You Can Be The Bookmaker!
March 11, 2018, 05:21:41 AM
#57
I just thought of the same idea. Can bitcoin be hacked? I think it can be but will take several centuries, this is what many people say. I believe it because if it wasn't secured enough it would only take a few days to hack all bitcoins. The reason why there accounts that are hacked was because they they fail to secure the computers they used in transacting online. The strongest password does not guarantee that you are safe from hacking but it gives you the edge over hackers.
newbie
Activity: 84
Merit: 0
March 11, 2018, 05:09:01 AM
#56
Now mostly young people are looking for earnings on the Internet without leaving home, therefore they invest in projects names in bitcoins.
newbie
Activity: 99
Merit: 0
March 02, 2018, 04:42:38 AM
#55
Your wallet can be hacked, not Bitcoin or the blockchain. If you have a personal wallet or one on the exchange, then this is your technology Achilles heal, so make sure you have good best practices in place (prevention of being compromised with your account or technology used)
member
Activity: 182
Merit: 10
Business Driven CryptoCurrency based on Assest
February 12, 2018, 06:17:15 AM
#54
There's a lot of intelligent individuals especially hackers now a days. For me, I think bitcoin assures the security of their users so they come up of having paper wallet etc. So in our part maybe we should think a strongest password and make sure to always logout and dont share personal info:) to prevent this kind of event.

Those are must. Actually those are the most basic things you must learn before engaging yourself to BTC. What you've said are all correct but I don't see the point of your post. Is that supposed to ward us? Make us aware? A question? Because honestly, any individual who uses social media accounts knows all those stuff. SO i'm sorry I don't see the point of this post but yes I agree, just be clear with your intentions next time.
jr. member
Activity: 79
Merit: 1
February 12, 2018, 06:14:10 AM
#53
As for me, situations like this can be true, for some people it is a cue for them to stop investing to bitcoin, but if it is hackable many investors wouldnt invest their money if so, and for certain reason, millionaires have already invested! get the logic!
member
Activity: 238
Merit: 10
February 12, 2018, 05:44:34 AM
#52
If you want to be safe you should think like a hacker.
First, a hacker will try to hack your passwords throw trojans, malwares or anything to gain access to your computer, so, you have to use a good antivirus and never download a file from an untrusted website.
Then, a hacker can pretend to be your friend to collect as much information as possible such as birth date or best friend name. Those information can be valuable when trying to reset your passwords.
Hacking a human mind is always easier than hacking a software.

This is very good suggestion, but dont you think all people can not do it? I mean i can not think like hacker because my bad.
I only not download anything from any source and i dont click link from any source because i type it.
member
Activity: 182
Merit: 10
February 11, 2018, 03:24:24 PM
#51
There's a lot of intelligent individuals especially hackers now a days. For me, I think bitcoin assures the security of their users so they come up of having paper wallet etc. So in our part maybe we should think a strongest password and make sure to always logout and dont share personal info:) to prevent this kind of event.
That's basic internet security tips. I learned those things a long, long time ago and my children learned them in grade school. I don't think there are many people who don't have some kind of knowledge when it comes to these basics, but actually applying the knowledge is a completely different story. Most of the time it just comes down to not going to sketchy sites, have 2FA enabled and don't use online wallets if you really want to have dedicated security for your wallet. Cold storage will always beat any password or security system that you try to implant.

Bitcoin can potentially be broken by using a brute force attack, much like any other protection system based on keys. I believe that is still a long way away to happen.
member
Activity: 420
Merit: 18
February 11, 2018, 11:23:17 AM
#50
Bitcoin cant be hacked Bitcoin is unhackable
member
Activity: 182
Merit: 10
January 30, 2018, 01:59:23 PM
#49
There's a lot of intelligent individuals especially hackers now a days. For me, I think bitcoin assures the security of their users so they come up of having paper wallet etc. So in our part maybe we should think a strongest password and make sure to always logout and dont share personal info:) to prevent this kind of event.

In theory, everything out there can be hacked. If you had sufficient computing power and sufficient time you could potentially break the keys for the bitcoin accounts by mere brute force. That might happen with quantum computing.
full member
Activity: 378
Merit: 100
January 18, 2018, 09:07:50 AM
#48
Yes we must be more careful in storing a wallet because in order to anticipate the bad things that happen to us later.If we can make more stringent security surely the hackers can never do theft.
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